Factory Overhead Rates, Entries, and Account Balance

Sundance Solar Company operates two factories. The company applies factory overhead to jobs on the basis of machine hours in Factory 1 and on the basis of direct labor hours in Factory 2. Estimated factory overhead costs, direct labor hours, and machine hours are as follows:

		Factory 1		Factory 2
Estimated factory overhead cost for fiscal
	year beginning March 1	$318,560		$856,800
Estimated direct labor hours for year				11,900
Estimated machine hours for year		14,480
Actual factory overhead costs for March		$25,480		$73,960
Actual direct labor hours for March				1,070
Actual machine hours for March		1,130

a. Determine the factory overhead rate for Factory 1. _1 per machine hour

b. Determine the factory overhead rate for Factory 2. $fill in the blank 59d997047f97033_2 per direct labor hour

c. Journalize the entries to apply factory overhead to production in each factory for March.

Factory 1		fill in the blank 82850ef40fce035_2
			fill in the blank 82850ef40fce035_4
Factory 2		fill in the blank 82850ef40fce035_6
			fill in the blank 82850ef40fce035_8

d. Determine the balances of the factory overhead accounts for each factory as of March 31, and indicate whether the amounts represent overapplied factory overhead or underapplied factory overhead.

Factory 1
Factory 2